Bitcoin Foundation funds DIY bitcoin wallet Coinpunk

The Bitcoin Foundation has awarded its second 2013 grant to the bitcoin wallet project Coinpunk. Coinpunk, developed by Kyle Drake , is described as a DIY bitcoin wallet service that is intended for users to install on their own web server. Coinpunk is currently under heavy development, but already has “features for individual users, developers, hardware wallet manufacturers and large organizations”, said the Bitcoin Foundation. The foundation also stated that it chose this project above the other entrants for this quarter’s applicants because “contribution to the usability of bitcoin overall, and its ability to serve as a base for a wide range of innovations in keeping with open source ideals.” The Bitcoin Foundation awards are granted on a quarterly basis and focuses on projects that wouldn’t otherwise be funded. This is the third round of grants. The foundation has awar...